Australasia's Biggest Online Store

Shop over 1.5 Million Toys in our Huge New Range

An Introduction to the Mathematics of Finance
By

Rating

Product Description
Product Details

Table of Contents

1. Introduction 2. Theory of Interest Rates 3. The Basic Compound Interest Functions 4. Further Compound Interest Functions 5. Loan Repayment Schedules 6. Project Appraisal and Investment Performance 7. The Valuation of Securities 8. Capital Gains Tax 9. Term Structures and Immunization 10. An Introduction to Derivative Pricing: Forwards and Futures 11. Further Derivatives: Swaps and Options 12. An Introduction to Stochastic Interest Rate Models

Promotional Information

Emphasizes the actuarial dimensions of financial mathematics, with abundant questions and worked examples

About the Author

Prof. Stephen Garrett is Professor of Mathematical Sciences at the University of Leicester in the UK. He is currently Head of Actuarial Science in the Department of Mathematics, and also Head of the Thermofluids Research Group in the Department of Engineering. These two distinct responsibilities reflect his background and achievements in both actuarial science education and fluid mechanics research. Stephen is a Fellow of the Royal Aeronautical Society, the highest grade attainable in the world's foremost aerospace institution.

Reviews

"The main focus is the theory of compound interest, which is called deterministic financial mathematics by the author...well written and the materials therein are well organized." --Zentralblatt MATH, An Introduction to the Mathematics of Finance "...it offers some very clear explanations of the fundamental building blocks of actuarial work, such as compound interest functions, term structures and discounting...The use of examples and exam questions from the IFoA and the CFA Institute makes this a very valuable study aide...as a primer, it is certainly a success and one which I hope is used by a great many students in the future." --Annals of Actuarial Science, 2014 "Stephen Garrett's new edition of Introduction to the Mathematics of Finance gives an excellent, concise, and thorough treatment of the fundamentals of financial mathematics. By updating the original edition with more emphasis on derivative pricing, this book has become an up-to-date first class textbook on this topic." --P.M. Barrieu, London School of Economics "This 2nd edition will give students excellent support when tackling the Actuarial Profession's examination in Subject CT1. It is written in a clear and concise way, and a wide range of realistic and relevant examples are provided which make the subject come alive. I will be recommending it to my students." --Ben Rickayzen, Cass Business School "This edition is a timely update to a textbook that for many years was essential reading for actuarial students. It should prove to be a valuable resource for current students taking the CT1 exam." --John Millett, University of Kent "This book contains a set of subjects that will be very close to most actuaries' hearts, being a text book aimed at covering the CT1 syllabus. As an update to McCutcheon and Scott's 1989 An Introduction to the Mathematics of Finance, it offers some very clear explanations of the fundamental building blocks of actuarial work, such as compound interest functions, term structures, and discounting. As a text for the beginner, this book is perfect....The use of examples and exam questions from both the IFoA and the CFA Institute makes this a very valuable study aide. The fact that the solutions to the large number of exercise questions are also given further increases its usefulness as a primary textbook." --Annals of Actuarial Science 8:1, 2014

Ask a Question About this Product More...
Write your question below:
Look for similar items by category
Home » Books » Business
Home » Books » Science » Mathematics » Applied
Home » Books » Business » Finance » General
People also searched for
How Fishpond Works
Fishpond works with suppliers all over the world to bring you a huge selection of products, really great prices, and delivery included on over 25 million products that we sell. We do our best every day to make Fishpond an awesome place for customers to shop and get what they want — all at the best prices online.
Webmasters, Bloggers & Website Owners
You can earn a 5% commission by selling An Introduction to the Mathematics of Finance: A Deterministic Approach on your website. It's easy to get started - we will give you example code. After you're set-up, your website can earn you money while you work, play or even sleep! You should start right now!
Authors / Publishers
Are you the Author or Publisher of a book? Or the manufacturer of one of the millions of products that we sell. You can improve sales and grow your revenue by submitting additional information on this title. The better the information we have about a product, the more we will sell!
Item ships from and is sold by Fishpond Retail Limited.
Back to top